Trusted Insighthttp://thetrustedinsight.com/2018-02-21T17:04:58-05:00Trusted Insight, the world's largest platform for institutional investors with 40,000 LP investor professionals in 98 countries and territories around the globe. 30,000 institutional investors engage with Trusted Insight each week. They are actively investing in alternative assets, primarily private equity, hedge funds, real estate and private companies. Our users consist of pension funds, endowments, foundations, sovereign wealth funds, family offices, banks and insurance companies. 83% of Trusted Insight users continue to use the platform 6 months after initially signing up. Investors on the platform, on average manage in excess of $5 billion. We are a platform for qualified purchasers, not high net worth investors.
China Construction Bank Emerges As Pick For Blackrock, Goldman
2018-02-21T17:04:58-05:00https://www.thetrustedinsight.com/investment-news/china-construction-bank-emerges-as-pick-for-blackrock-goldman-20180221010/
If you think things will keep getting better for China&rsquo;s biggest banks, look no further than China Construction Bank Corp. Goldman Sachs Group Inc. and Morgan Stanley are among at least 16 brokerages that have raised their target prices for China&rsquo;s second-largest bank this year. Institutional investors including&nbsp;BlackRock Inc. and Invesco Ltd. have recently increased their CCB holdings, data compiled by Bloomberg show.
ETF Veteran Goes Crypto, Predicting Multitrillion-Dollar Market
2018-02-21T17:04:04-05:00https://www.thetrustedinsight.com/investment-news/etf-veteran-goes-crypto-predicting-multitrillion-dollar-market-20180221009/
Matt Hougan is leaving the exchange-traded-fund industry after 15 years and going all-in on cryptocurrencies as he predicts digital assets will transform investments just like ETFs did.
Eisler Capital And Citadel Made Some Big Hires In London
2018-02-21T12:31:06-05:00https://www.thetrustedinsight.com/investment-news/eisler-capital-and-citadel-made-some-big-hires-in-london-20180221983/
Want to work for a hedge fund? Here's who's hiring. :
Most European banks have yet to pay their bonuses. This isn’t stopping hedge funds picking off their staff. The UK’s Financial Conduct Authority (FCA) Register shows that hedge funds Eisler Capital and Citadel LLC were among those making significant hires from banks in the opening months of the year. Sylvain Bertrand, a Columbia University educated exotic rates trader who previously worked for Barclays in New York, joined macro-focused Eisler Capital in London last month. Bertrand’s arrival seems to have gone unnoticed, despite being a coup for Eisler.
Pgim Real Estate's Asia Deals Doubled To $2b In 2017
2018-02-21T06:11:04-05:00https://www.thetrustedinsight.com/investment-news/pgim-real-estates-asia-deals-doubled-to-2b-in-2017-20180221947/
PGIM Real Estate saw its volume of Asia Pacific transactions double in 2017, as the real estate investment affiliate of Prudential Financial focused on major markets in Japan, Singapore and Australia to generate over $2 billion in deals. The company... Read More>>
This post PGIM Real Estate’s Asia Deals Doubled to $2B in 2017 appeared first on Mingtiandi.
Ai Technology Leader, Sparkcognition, Announces Official Close Of $56.5m Series B Funding
2018-02-20T21:01:06-05:00https://www.thetrustedinsight.com/investment-news/ai-technology-leader-sparkcognition-announces-official-close-of-565m-series-b-funding-20180220932/
AI Technology Leader, SparkCognition, Announces Official Close of $56.5 Million Series B FundingThe fastest-growing company in Central Texas closes 2017 with the largest VC funding of any company in Austin
AUSTIN, Texas, February 20, 2018-- SparkCognition, one of the world's fastest growing artificial intelligence (AI) companies, released its final Series B Funding numbers with an official close of $56.5 million in 2017. In June 2017, the company announced an initial Series B raise of $32.5 million, led by Verizon Ventures and key participation from The Boeing Company, through its Boeing HorizonX unit.
Pantera Crypto Blockchain Fund Lands Deutsche Veteran William Healy
2018-02-20T13:21:06-05:00https://www.thetrustedinsight.com/investment-news/pantera-crypto-blockchain-fund-lands-deutsche-veteran-william-healy-20180220891/
Cryptocurrency and blockchain hedge fund Pantera Capital hires of former Deutsche Bank managing director William Healy. :
As major financial institutions shake up their employee base, more veterans are trickling out of Wall Street and into cryptofunds. Cryptocurrency and blockchain hedge fund Pantera Capital said Tuesday it is hiring former Deutsche Bank managing director William Healy. He joins the fund's West Coast headquarters as president, effective March 1.
Top-returning Lyrical Explains How Active Managers Can Succeed
2018-02-19T22:51:06-05:00https://www.thetrustedinsight.com/investment-news/top-returning-lyrical-explains-how-active-managers-can-succeed-20180219854/
There is a stock picking dilemma that is vexing Andrew Wellington, founder and chief investment officer at Lyrical Asset Management. Their top-ranked stock picking ValueEquity-EQ fund was up 18.1% net in 2017 after turning in a 16% return in 2016. The hedge fund which was founded in 2009 has produced at least 13% net returns every year since then bar 2011 and 2015. Lyrical remains the top performing manager amongst our broad, value-style peer group. We use eVestment’s database to compare our returns to the returns of all Large Cap, Mid Cap and All Cap Value products.
Harbor Associates Makes Two Acquisitions For $56m Total
2018-02-19T15:01:03-05:00https://www.thetrustedinsight.com/investment-news/harbor-associates-makes-two-acquisitions-for-56m-total-20180219830/
Harbor Associates and Goldman Sachs Asset Management Private Real Estate have acquired Valencia, California-based The Commons, a two-building 156,628-square-foot office campus for $33.1 million. And in a separate […]
Hedge Fund Managers Have To Think Like Amazon
2018-02-19T07:51:05-05:00https://www.thetrustedinsight.com/investment-news/hedge-fund-managers-have-to-think-like-amazon-Wje4SycZgNfSUANvKfkFv4-20180219804/
Editor’s note: Hedge fund managers need to understand the expectations of today’s Amazon-conditioned consumers if they want to grow their businesses, explains Harvest co-founder and CEO Peter Hans in this contributed article. Change is often a four-letter word at many alternative investment managers, but those who fail to adopt a more customer-centric model risk being eclipsed by a select group of managers who can deliver a superior experience. Hedge fund managers looking to grow their businesses need to embrace the expectations of today’s Amazon-conditioned consumers – who double as asset allocators.
Andreas Clenow: Beating The Market With Hedge Fund Momentum Strategies
2018-02-16T20:51:05-05:00https://www.thetrustedinsight.com/investment-news/andreas-clenow-beating-the-market-with-hedge-fund-momentum-strategies-20180216745/
I thoroughly enjoyed reading Andreas Clenow’s book Stocks on the Move: Beating the Market with Hedge Fund Momentum Strategies. What I liked most about the book was his no-nonsense approach to investing. For example, when he discussed trading parameters […]
The post Andreas Clenow Author Of Stocks On The Move: Beating The Market With Hedge Fund Momentum Strategies appeared first on ValueWalk.
10 Most Undervalued Stocks Fund Managers Are Buying
2018-02-16T16:31:04-05:00https://www.thetrustedinsight.com/investment-news/10-most-undervalued-stocks-fund-managers-are-buying-20180216734/
InvestorPlace - Stock Market News, Stock Advice & Trading Tips
These 10 undervalued stocks are the favorites of Wall Street's biggest investors according to 13-F filings. The post 10 Most Undervalued Stocks Fund Managers Are Buying appeared first on InvestorPlace.
Goldman Sachs And Macquarie Seen As Front Runner In Hes Terminals Sale: Sources
2018-02-16T10:01:04-05:00https://www.thetrustedinsight.com/investment-news/goldman-sachs-and-macquarie-seen-as-front-runner-in-hes-terminals-sale-sources-20180216703/
A consortium of infrastructure funds at Goldman Sachs and Macquarie is seen as the front runner in the sale of European bulk port terminal operator HES International, worth around 2 billion euros (US$2.5 billion), industry sources said.
Axis Amc To Venture Into Realty Funds, Hires Balaji Rao As Business Head | Business Standard News
2018-02-15T18:01:04-05:00https://www.thetrustedinsight.com/investment-news/axis-amc-to-venture-into-realty-funds-hires-balaji-rao-as-business-head-business-standard-news-20180215654/
It has hired real estate funds veteran Balaji Rao to head the business and build a core team of eight to 10 people in the investment and asset management verticals.
Brookfield Selling Assets To Build War Chest For Next Downturn | National Real Estate Investor
2018-02-15T17:01:04-05:00https://www.thetrustedinsight.com/investment-news/brookfield-selling-assets-to-build-war-chest-for-next-downturn-national-real-estate-investor-20180215647/
The Toronto-based firm sold about $12 billion in mature assets in 2017 and said it will continue to do so this year.
Apple Inc. (nasdaq:aapl), Broadcom Ltd (nasdaq:avgo) - 10 Most Undervalued Stocks Fund Managers Are Buying | Benzinga
2018-02-15T15:01:04-05:00https://www.thetrustedinsight.com/investment-news/apple-inc-nasdaqaapl-broadcom-ltd-nasdaqavgo-10-most-undervalued-stocks-fund-managers-are-buying-benzinga-20180215637/
This article originally appeared on Finbox.io. read more. :
February 14th is a beautiful day not only because it's Valentines Day but because it's also exactly 45 days after the Q4 calendar date. Why's that important? It is important because institutional investors who manage over $100 million in assets must submit a form called the 13F-HR to the SEC within 45 days after each quarter date. It is also one of the better-kept secrets in investing. In the Form 13F, managers have to disclose their holdings giving intelligent observers a sneak peek into their strategy and investments.
Low-Carbon Investing Is Growing: Europe's Largest Asset Manager
2018-02-15T14:24:27-05:00https://www.thetrustedinsight.com/investment-news/low-carbon-investing-is-growing-europes-largest-asset-manager-20180215632/
Investors may not know how to solve climate change, but low-carbon indexes are growing as a way to start managing the portfolio risks associated with a warming planet, according to Fred Samama, deputy global head of institutional clients at Amundi Asset Management, Europe&rsquo;s largest asset manager overseeing $1.7 trillion.&nbsp;
People Moves: Allianz Real Estate Appoints Head Of Italy | News | Ipe Ra
2018-02-15T12:36:07-05:00https://www.thetrustedinsight.com/investment-news/people-moves-allianz-real-estate-appoints-head-of-italy-news-ipe-ra-20180215603/
Aquila Capital, GRESB, KanAm Grund, Acofi Gestion, WP Carey, Real Asset Partners. :
Allianz Real Estate, Aquila Capital, GRESB, KanAm Grund, Acofi Gestion, WP Carey, Real Asset Partners Allianz Real Estate – Donato Saponara has been appointed head of Italy, as the real estate arm of the German insurer reorganises its management team in Europe. Allianz Real Estate’s Italian exposure was previously overseen by its Western Europe team, but Saponara will now look after the €3bn portfolio. Saponara joined Allianz Real Estate in 2014 as head of asset management, before being appointed head of transactions last year.
How Much Pain Will The Bon-ton Bankruptcy Cause For The Mall Sector? | National Real Estate Investor
2018-02-15T06:06:07-05:00https://www.thetrustedinsight.com/investment-news/how-much-pain-will-the-bon-ton-bankruptcy-cause-for-the-mall-sector-national-real-estate-investor-20180215551/
Retail landlords and CMBS investors could be in for more pain ahead if Bon-Ton continues to consolidate and close stores.
Thursday Papers: Steel Pensioners ‘shamelessly’ Exploited, Say Mps - Citywire Money
2018-02-15T06:01:04-05:00https://www.thetrustedinsight.com/investment-news/thursday-papers-steel-pensioners-shamelessly-exploited-say-mps-citywire-money-20180215545/
And GKN aims to return £2.5 billion to shareholders over the next three years. :
In this guide to investment trusts, produced in association with Aberdeen Asset Management, we spoke to many of the leading experts in the field to find out more. Keep an eye out for us in your inbox, and please add noreply@emails.citywire.co.uk to your safe senders list so we don't get junked.
Avenir Recruits Platinum Analyst
2018-02-14T21:31:03-05:00https://www.thetrustedinsight.com/investment-news/avenir-recruits-platinum-analyst-20180214542/
Fidante-aligned global equities boutique Avenir Capital appointed a new investment director. :
Curtis Cifuentes joins Avenir from Platinum Asset Management where he was an investment analyst specialising in Japanese equities and the technology sector, managing a $25 million Japan fund portfolio. Before that, he worked at Japanese private equity firm Compass Partners, now known as Symphony Financial Partners. "Curtis' wealth of investment experience in Australia and Japan is a welcome addition to the Avenir team as we continue to seek global opportunities for our concentrated portfolio and build on our seven-year record of high performance," Warner said.
Hedge Fund Alert :: Search Results
2018-02-14T15:21:05-05:00https://www.thetrustedinsight.com/investment-news/hedge-fund-alert-search-results-Z2oMxoGFsabcUt6NrbJnYo-20180214506/
Solus Alternative Asset Management is marketing a distressed-debt fund that allows investors to choose between a private equity-style structure and an evergreen format.The event-driven shop, with $6 billion under management, has long pursued distressed-debt investments, generating an 18.2% annualized return via its flagship hedge fund, dubbed Sola. But the new offering, Solus Distressed Opportunities Fund, would target less-liquid, longer-term...
Noble Capital Announces Consolidation Of Subsidiary Companies
2018-02-14T10:01:22-05:00https://www.thetrustedinsight.com/investment-news/noble-capital-announces-consolidation-of-subsidiary-companies-20180214474/
AUSTIN, Texas, Feb. 14, 2018 (GLOBE NEWSWIRE) -- Noble Capital, a Texas-based private investment firm, announces the consolidation of its private lending, retirement and real estate businesses under the Noble Capital corporate brand. Acute Financial, Noble's retirement division, and Emerge Real Estate, its asset management division, will become Noble Capital Retirement and Noble Capital Real Estate, respectively. The Company's consolidation is part of its ongoing initiative to streamline processes due to the increased business volume experienced in 2016 and 2017.
Singapore Hits Record Us$229m Of Fintech Funding In 2017: Kpmg, Banking News & Top Stories - The Straits Times
2018-02-13T06:16:08-05:00https://www.thetrustedinsight.com/investment-news/singapore-hits-record-us229m-of-fintech-funding-in-2017-kpmg-banking-news-top-stories-the-straits-times-20180213319/
February 13, 2018 4:05 PMSINGAPORE - Buoyed by a record US$122.75 million of funding in the fourth quarter, Singapore achieved a record high of US$229.1 million of fintech funding in 2017, according to KPMG's Pulse of Fintech report.
Real Asset Definition
2018-02-12T22:01:04-05:00https://www.thetrustedinsight.com/investment-news/real-asset-definition-20180212297/
A real asset is a physical or tangible asset, such as gold, real estate or oil, that has value due to its substance and properties.
Dulles, Tva Among Possible U.s. Assets For Funds' $154b | National Real Estate Investor
2018-02-12T17:01:04-05:00https://www.thetrustedinsight.com/investment-news/dulles-tva-among-possible-us-assets-for-funds-154b-national-real-estate-investor-20180212281/
Unlisted infrastructure funds had $154 billion of cash ready to invest worldwide as of September, according to data compiled by Preqin Ltd.
Dulles Airport Could Be Up For Grabs For Infrastructure Investors
2018-02-12T16:31:04-05:00https://www.thetrustedinsight.com/investment-news/dulles-airport-could-be-up-for-grabs-for-infrastructure-investors-20180212280/
Private equity funds raising tens of billions of dollars to repair -- and perhaps own -- U.S. roads, bridges, airports and power lines now have a target list. The White House on Monday released a 53-page proposal outlining President Donald Trump’s plan to stimulate investment in U.S. infrastructure. Along with possibilities such as expanding the use of tax-exempt debt and letting states charge tolls on interstates, Trump wants to allow some federal assets to be sold to state and local governments or to private entities. Potential private equity buyers are primed.
Which Assets Could Be Sold In Trump’s Infrastructure Plan: Dealbook Briefing - The New York Times
2018-02-12T13:31:05-05:00https://www.thetrustedinsight.com/investment-news/which-assets-could-be-sold-in-trumps-infrastructure-plan-dealbook-briefing-the-new-york-times-20180212260/
Dulles International Airport. :
If the White House had its way, here’s some of the government-run assets that could be sold to private financiers as part of the $1.5 trillion infrastructure investment program: The vast majority of the Nation’s electricity needs are met through for-profit investor-owned utilities. Federal ownership of these assets can result in sub-optimal investment decisions and create risk for taxpayers. Some context: Only one U.S. airport — Puerto Rico’s — has successfully been privatized. (Chicago’s bid to privatize Midway failed four years ago.)
Euromoney Sells Market Info Unit To Chinese Consortium For $180.5 Million: Reuters
2018-02-12T12:01:06-05:00https://www.thetrustedinsight.com/investment-news/euromoney-sells-market-info-unit-to-chinese-consortium-for-1805-million-reuters-20180212250/
British business-to-business information company Euromoney (ERM.L) has agreed to sell its Global Markets Intelligence Division (GMID) to a Chinese consortium of CITIC Capital Partners and leading business news outlet Caixin for $180.5 million, it said on Monday. Euromoney said proceeds of about $145 million would leave the company in a net cash position and provide it with funds to help grow its activities in pricing, asset management and telecoms. Private equity firm CITIC Capital acquired the GMID business in partnership with Hong Kong-based Caixin Global, the overseas arm of Caixin Media.
Data Overload: Commodity Hedge Funds Close As Computers Dominate
2018-02-12T06:51:04-05:00https://www.thetrustedinsight.com/investment-news/data-overload-commodity-hedge-funds-close-as-computers-dominate-20180212219/
"Chocfinger" made his name and his money by taking bold bets on cocoa markets. But after nearly four decades of trading, sometimes winning, sometimes losing, Anthony Ward threw in the towel.
Ipreo’s Investor Access Joined By Three More Banks
2018-02-12T06:11:06-05:00https://www.thetrustedinsight.com/investment-news/ipreos-investor-access-joined-by-three-more-banks-P2AWaLjEuFCpJy8tb5Lyhe-20180212216/
NEW YORK and LONDON, Feb. 12, 2018 /PRNewswire/ -- Ipreo, a leading global provider of workflow solutions and market intelligence to financial services and corporate professionals, reported a strong opening to the year for Investor Access, with three more investment banks joining the...
Ipreo’s Investor Access Joined By Three More Banks
2018-02-12T06:01:07-05:00https://www.thetrustedinsight.com/investment-news/ipreos-investor-access-joined-by-three-more-banks-20180212206/
Firm reports milestone deal flow as bank and investor participation continues to grow
NEW YORK and LONDON, Feb. 12, 2018 /PRNewswire/ -- Ipreo, a leading global provider of workflow solutions and market intelligence to financial services and corporate professionals, reported a...
Simplify Medical Closes Additional $23.25 Million In Second Tranche Of Series B Financing Totaling $44.25m
2018-02-10T06:06:07-05:00https://www.thetrustedinsight.com/investment-news/simplify-medical-closes-additional-2325-million-in-second-tranche-of-series-b-financing-totaling-4425m-20180210150/
Simplify Medical Closes Additional $23.25 Million in Second Tranche of Series B Financing Totaling $44.25 Million
SUNNYVALE, Calif., February 9, 2018-- Simplify Medical Pty Ltd, maker of the Simplify® cervical artificial disc, today announced a second tranche of its Series B financing of $23.25 million, completing the oversubscribed round totaling $44.25 million. The lead investor for the second tranche is LSP Health Economics Fund 2 (LSP HEF 2), with participation from existing venture investors LSP Fund V, MH Carnegie & Co., and Sectoral Asset Management.
Healthifyme Raises $12m In Series B Funding From Sistema Asia Fund, Samsung Next, Others
2018-02-10T06:06:06-05:00https://www.thetrustedinsight.com/investment-news/healthifyme-raises-12m-in-series-b-funding-from-sistema-asia-fund-samsung-next-others-20180210148/
HealthifyMe Raises $12M in Series B Funding from Sistema Asia Fund, Samsung NEXT, Others
BANGALORE, India, February 9, 2018-- India’s leading mobile health and fitness platform, HealthifyMe, today announced the close of a $12M Series B round of funding led by Sistema Asia Fund. Silicon Valley based Samsung NEXT, Singapore’s Atlas Asset Management and Japan’s Dream Incubator are the other participants in the latest round of funding alongside existing investors IDG Ventures India, Inventus Capital, Blume Ventures and Dubai based NB Ventures.
Fintech Report Card For January 2018
2018-02-09T16:01:04-05:00https://www.thetrustedinsight.com/investment-news/fintech-report-card-for-january-2018-20180209126/
Riskalyze CEO Aaron Klein gives the thumbs up or thumbs down on the biggest pieces of news to hit advisor technology in the previous month.
Aberdeen Rakes In Over $268m For Seventh U.s. Pe Fund
2018-02-09T16:01:03-05:00https://www.thetrustedinsight.com/investment-news/aberdeen-rakes-in-over-268m-for-seventh-us-pe-fund-20180209125/
Aberdeen Asset Management has raised over $268 million for its seventh U.S. private equity fund, according to an SEC filing. The target is $300 million.
Jp Morgan Asset Management Sec Settlement Exposes Hedge Fund Retrocessions
2018-02-09T15:31:06-05:00https://www.thetrustedinsight.com/investment-news/jp-morgan-asset-management-sec-settlement-exposes-hedge-fund-retrocessions-20180209124/
“Look, if you want a watch that tells perfect time, buy a Timex,” he patiently explained to this newbie luxury buyer. I understood what he was saying and over the years I have made peace with the indisputable fact that my Rolex will never be anywhere near as accurate a timepiece as my Timex sports watch. Like Rolexes, hedge funds and other alternative investments (such as private equity, real estate and venture capital), are far more expensive than low-cost index funds.
​samsung Sra Buys Seoul Office Complex At Record Price | News | Ipe Ra
2018-02-09T12:01:04-05:00https://www.thetrustedinsight.com/investment-news/samsung-sra-buys-seoul-office-complex-at-record-price-news-ipe-ra-20180209102/
Samsung SRA paid around KRW713bn, representing around KRW8.5m per sqm. :
Samsung SRA Asset Management has bought an office complex, known as The K-Twin Towers, in South Korea’s capital for around KRW713bn (€534m). Samsung SRA paid around KRW8.5m per sqm – the highest price ever paid for a commercial building in Seoul. Young W. Chai, Samsung SRA’s senior managing director and CIO, told IPE Real Assets, that the acquisition was finalised yesterday. Chai said the asset is owned jointly by the firm’s domestic, co-mingled office fund and a special private vehicle, set up to hold the asset.
Brazil's 15,000% Hedge-fund Legend Is Ready For Election Volatility
2018-02-09T11:51:05-05:00https://www.thetrustedinsight.com/investment-news/brazils-15000-hedge-fund-legend-is-ready-for-election-volatility-20180209101/
While the legendary hedge-fund manager finds plenty to like with improved fiscal policy, muted inflation and better-than-expected economic growth, he expects volatility to roil markets ahead of the October ballot. With no obvious front-runner among the more moderate candidates, there’s a chance none of them makes it to the runoff vote, leaving investors in the dark about the country’s economic future. “I’m afraid of this election volatility. Everyone is," he said in an interview last week in Sao Paulo, where his Verde Asset Management, backed by Credit Suisse Group AG, oversees 33 billion reais ($10 billion) in assets.
India: Healthifyme Raises $12m Series B Round Led By Sistema Asia Fund
2018-02-09T09:41:04-05:00https://www.thetrustedinsight.com/investment-news/india-healthifyme-raises-12m-series-b-round-led-by-sistema-asia-fund-20180209091/
The round also saw participation from Samsung NEXT, Atlas Asset Management and Dream Incubator, along with existing backers. The post India: HealthifyMe raises $12m Series B round led by Sistema Asia Fund appeared first on DealStreetAsia.
Healthifyme Raises USD 12 Million In Series B Round Of Funding | Business Standard News
2018-02-09T07:31:05-05:00https://www.thetrustedinsight.com/investment-news/healthifyme-raises-usd-12-million-in-series-b-round-of-funding-business-standard-news-20180209084/
Mobile health and fitness platform, HealthifyMe today announced the close of a USD 12 million Series B round of funding led by Sistema Asia Fund, the India focused fund of Russia's largest Conglomerate. Silicon Valley based Samsung NEXT, Singapore's Atlas Asset Management and Japan's Dream Incubator are the other participants in the funding alongside existing investors IDG Ventures India, Inventus Capital, Blume Ventures and Dubai based NB Ventures.
Health And Fitness Startup Healthifyme Pockets $12 Mn Funding
2018-02-09T06:06:08-05:00https://www.thetrustedinsight.com/investment-news/health-and-fitness-startup-healthifyme-pockets-12-mn-funding-20180209077/
Bengaluru-based health and fitness startup HealthifyMe has raised $12 Mn in Series B funding round led by Sistema Asia Fund. With this round, Sistema will also join the company’s board. Kirill Kozhevnikov, MD, and Partner, Sistema Asia Fund Advisory said, “We are strong believers in preventive healthcare. Healthifyme team is disrupting this vitally important sector […]
The post Health And Fitness Startup HealthifyMe Raises $12 Mn In Series B Funding appeared first on Inc42 Media.
Hedge-fund Investors Flock To Europe As Economic Woes Banished
2018-02-09T06:06:07-05:00https://www.thetrustedinsight.com/investment-news/hedge-fund-investors-flock-to-europe-as-economic-woes-banished-20180209075/
After years of being overlooked, the continent is attracting capital from investors who want to take advantage of a recovering economy as the last effects of the euro-zone debt crisis disappear. Buyers are also piling in to diversify portfolios swelled by the stock-market boom -- which after this week’s correction looks like a prescient move. Hedge funds investing only in Europe received about $6 billion in 2017, reversing a funding exodus in the previous 12 months, according to eVestment data. Money pools targeting the U.S. and Asia suffered combined outflows last year of about $24 billion.
Laurus Corp Sells Pennsylvania Office Building
2018-02-08T17:31:05-05:00https://www.thetrustedinsight.com/investment-news/laurus-corp-sells-pennsylvania-office-building-20180208048/
Laurus Corp, a private real estate investment and development firm, has sold the 501 Technology Drive building in Southpointe Business Park, Canonsburg, Pennsylvania. No financial terms were disclosed for the sale […]
Ags Promoters To Buy Back 42% Stake Held By Pe Investors Tpg, Actis
2018-02-08T16:31:04-05:00https://www.thetrustedinsight.com/investment-news/ags-promoters-to-buy-back-42-stake-held-by-pe-investors-tpg-actis-20180208040/
Payments solution firm AGS Transact’s promoters raising debt from financial institutions for the Rs650-850 crore share buyback. :
Mumbai: AGS Transact Technologies Ltd’s promoters will buy back shares from private equity investors TPG Growth and Actis as the payments solution provider’s initial public offering (IPO) plans continue to be on the backburner, two people aware of the development said. AGS promoters will buy back a 42% stake in the company from TPG Growth and Actis in a deal worth Rs650-850 crore, one of the two people cited above said on condition of anonymity.
Shake Ups At Major Endowments, More: Jan. 2018 People Moves
2018-02-07T14:47:46-05:00https://www.thetrustedinsight.com/investment-news/shake-ups-at-major-endowments-more-jan-2018-people-moves-20180207658/
Several pensions and endowments announced shifts in leadership in January. Senior investment professionals moved to other institutions, and interim executives were named. Here are the top institutional investment moves in January:
Deutsche Am Wins A$385m Global Real Estate Securities Mandate | News | Ipe Ra
2018-02-07T10:01:06-05:00https://www.thetrustedinsight.com/investment-news/deutsche-am-wins-a385m-global-real-estate-securities-mandate-news-ipe-ra-20180207836/
Australian wealth manager Colonial First State awarded the mandate. :
Australian wealth manager Colonial First State (CFS) has given Deutsche Asset Management A$385m (€245.2m) to invest in global real estate securities. Deutsche AM said it was awarded that mandate due to its capability in the asset class and approach to identifying the fundamentals driving performance within a portfolio. The mandate will be managed by Deutsche AM’s global real estate securities team. The team of 19 investment professionals, will be led John Vojticek, the head of Liquid Real Assets in Chicago.
BlackRock Sees Biggest European Fund Inflows In 2017
2018-02-07T08:51:05-05:00https://www.thetrustedinsight.com/investment-news/blackrock-sees-biggest-european-fund-inflows-in-2017-morningstar-20180207823/
BlackRock, the world’s biggest fund manager, saw the largest inflows in the European asset management sector in 2017 at $77.42 billion, according to data from Morningstar.
Asset Management: Choose Excellence In Execution-or Extinction
2018-02-07T07:01:05-05:00https://www.thetrustedinsight.com/investment-news/asset-management-choose-excellence-in-execution-or-extinction-20180207818/
Risk-based asset allocation is creating significant opportunities for medium-size asset management firms to compete with large-size firms. Medium-size private equity firms are a good example, especially as plan sponsors are increasingly turning to private equity for their primary equity allocation.
Alliancebernstein Top Managers Hired Away By Goldman Sachs, Fidelity
2018-02-07T06:06:07-05:00https://www.thetrustedinsight.com/investment-news/alliancebernstein-top-managers-hired-away-by-goldman-sachs-fidelity-20180207791/
Click to view a price quote on AB. :
The money manager Alliance Bernstein Holding LP (AB) , struggling to convince shareholders that its stock- and bond-pickers can win over new clients versus big rivals like BlackRock Inc. (BLK) , now faces a raid on top talent from the likes of Goldman Sachs Group Inc. (GS) and Fidelity Investments. Ashish Shah, head of New York-based AllianceBernstein's fixed-income business and chief investment officer for global credit, is leaving for a senior role at Goldman Sachs Asset Management, people with knowledge of the matter said.
Bnp Paribas Am Establishes Debut Infrastructure And Property Debt Funds | News | Ipe Ra
2018-02-06T12:01:09-05:00https://www.thetrustedinsight.com/investment-news/bnp-paribas-am-establishes-debut-infrastructure-and-property-debt-funds-news-ipe-ra-20180206745/
Launched European Infra Debt and European Real Estate Debt. :
BNP Paribas Asset Management (BNPP AM) has established its first real estate debt and infrastructure debt funds, having hired three fund managers. In June last year, IPE Real Assets reported that BNPP AM had created a private debt and real assets investment group, bringing its real estate and infrastructure lending activities together with its wider private debt business. BNPP AM has now launched European Infra Debt and European Real Estate Debt, the company’s first funds for the asset classes.
Ken Griffin Positions Citadel For "adverse Events That May Occur, Including A Trade Policy Misstep Or Military Conflict"
2018-02-06T06:01:05-05:00https://www.thetrustedinsight.com/investment-news/ken-griffin-positions-citadel-for-adverse-events-that-may-occur-including-a-trade-policy-misstep-or-military-conflict-20180206694/
Citadel founder Ken Griffin thinks the core economic engine is working properly. On a day when stocks raced from down 900 points on the Dow Jones Industrial Average to down 1,600 a matter of minutes, Griffin follows hedge fund manager […]
The post Ken Griffin Positions Citadel For “Adverse events that may occur, including a trade policy misstep or military conflict” appeared first on ValueWalk.
Property Share: Rental Start-up Property Share Eyes $3b Aum; To Enter Uk, Aus, Real Estate News, Et Realestate
2018-02-05T06:31:07-05:00https://www.thetrustedinsight.com/investment-news/property-share-rental-start-up-property-share-eyes-3b-aum-to-enter-uk-aus-real-estate-news-et-realestate-20180205624/
Property Share is backed by three venture capital and asset management firms including Japan's Asuka, Pravega Ventures and the Singapore-based Beenext.
Brookfield Asset Management Inc (bam) Shares Bought By Heritage Wealth Advisors - The Ledger Gazette
2018-02-04T13:21:04-05:00https://www.thetrustedinsight.com/investment-news/brookfield-asset-management-inc-bam-shares-bought-by-heritage-wealth-advisors-the-ledger-gazette-20180204600/
Heritage Wealth Advisors lifted its stake in shares of Brookfield Asset Management Inc (NYSE:BAM) (TSE:BAM.A) by 141.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 17,204 shares of the financial services provider’s stock after purchasing an additional 10,065 shares during the period. Heritage Wealth Advisors’ holdings in Brookfield Asset Management were worth $750,000 at the end of the most recent quarter. Other hedge funds also recently modified their holdings of the company.
Rental Start-up Property Share Eyes $3b Aum; To Enter Uk, Aus | Business Standard News
2018-02-04T06:01:05-05:00https://www.thetrustedinsight.com/investment-news/rental-start-up-property-share-eyes-3b-aum-to-enter-uk-aus-business-standard-news-20180204587/
Property Share, a Bengaluru-based startup that enables fractional property ownership, aims to manage nearly USD 3 billion worth of rental properties over the next three-four years, as it plans to make a foray into the British and Australian markets this year. The online marketplace allows users to directly own completed real estate with other like-minded owners by letting investors purchase and lend/borrow against fractional shares in complete rent-generating commercial properties. "Currently, we have 20 properties listed on the portal worth nearly Rs 70 crore.
Em, Catastrophic Bonds, Hedge Funds Seen As Options To Invest
2018-02-03T07:21:05-05:00https://www.thetrustedinsight.com/investment-news/em-catastrophic-bonds-hedge-funds-seen-as-options-to-invest-20180203576/
The US 10-year treasury note jumped to as high as 2.75% last week on expectations of higher inflation and rates.
Virtus Investment Partners To Take A Majority Stake In Sustainable Growth Advisers
2018-02-02T13:01:06-05:00https://www.thetrustedinsight.com/investment-news/virtus-investment-partners-to-take-a-majority-stake-in-sustainable-growth-advisers-20180202532/
Virtus Investment Partners Inc has agreed to acquire a majority stake in Sustainable Growth Advisors, an investment manager. The seller is Estancia Capital Management. No financial terms were disclosed. Sandler […]
Deutsche Bank Investors See No Silver Lining After Results Slump
2018-02-02T07:01:04-05:00https://www.thetrustedinsight.com/investment-news/deutsche-bank-investors-see-no-silver-lining-after-results-slump-20180202501/
Deutsche Bank AG investors searching for good news after the bank’s third straight annual loss found little to give them optimism. The Frankfurt-based lender, which had already guided for a slump, surprised with revenue that fell to the lowest in seven years and declines at businesses from transaction banking to equity derivatives. Even cost control -- a key feature of Chief Executive Officer John Cryan’s tenure -- was worse than expected. “The results are disappointing again and we don’t see anything encouraging in them, reinforcing our doubts in the bank’s strategy and management,” said Michael Huenseler at Assenagon.
Grant Thornton Adds Financial Services Partner
2018-02-02T06:01:04-05:00https://www.thetrustedinsight.com/investment-news/grant-thornton-adds-financial-services-partner-20180202486/
Grant Thornton Australia is welcoming a new partner in an effort to bolster its financial services footprint. :
Grant Thornton Australia is welcoming a new partner in an effort to bolster its financial services footprint. Sydney-based tax expert Himashini Weeraratne will continue to build the firm's asset management, superannuation and fintech service offerings. She will focus on boutique funds and small to mid-size high growth financial organisations. Weeraratne previously worked at Deloitte as senior tax manager before moving on to be an account director of tax, specialising in financial services.
Organica Water Closes Series D Financing
2018-02-01T22:36:09-05:00https://www.thetrustedinsight.com/investment-news/organica-water-closes-series-d-financing-20180201481/
Organica Water Closes Series D Financing
HONG KONG, February 1, 2018-- Organica Water ("The Company"), a global provider of innovative solutions for the treatment and recycling of wastewater, today announced that it recently completed its $21 million Series D financing, with a second tranche to follow. This financing represents the largest private equity round raised by the Company to date. The round was led by CITIC Capital Silk Road Fund ("CCSRF") with substantial participation by existing investors. Over the past two decades Organica has developed a truly unique "localized" approach to wastewater treatment.
Vincom Retail Ipo Honored As ’best Private Equity Deal’ In Financeasia’s Achievement Awards 2017
2018-02-01T19:01:04-05:00https://www.thetrustedinsight.com/investment-news/vincom-retail-ipo-honored-as-best-private-equity-deal-in-financeasias-achievement-awards-2017-20180201460/
HONG KONG, Feb. 1, 2018 /PRNewswire/ -- Warburg Pincus-backed Vincom Retail's $740 million IPO was awarded the "Best Private Equity Deal" in 2017 at the annual Achievement Awards dinner of FinanceAsia in Hong Kong on January 31, 2018, to recognize exceptionally talented individuals and...
Ridgemont Equity Partners Promotes Three
2018-02-01T15:36:07-05:00https://www.thetrustedinsight.com/investment-news/ridgemont-equity-partners-promotes-three-20180201427/
Ridgemont Equity Partners has promoted Matt Ibbetson and Kelly Lineberger to principal. Also, the middle-market private equity firm has promoted Sam Poole to associate. PRESS RELEASE
CHARLOTTE, […]
Dealbook Briefing: Is Someone Manipulating The Price Of Bitcoin? - The New York Times
2018-02-01T13:31:05-05:00https://www.thetrustedinsight.com/investment-news/dealbook-briefing-is-someone-manipulating-the-price-of-bitcoin-the-new-york-times-20180201405/
Regulators are increasingly worried that Bitfinex, a widely used (and famously opaque) exchange, has been propping it up. The Commodity Futures Trading Commission has subpoenaed the company, whose Tether digital token is often used to buy other virtual currencies. Hundreds of millions of dollars worth of new Tether were created; almost always when the prices of other virtual currencies were heading down. The Tether were used on the Bitfinex exchange to make big purchases of Bitcoin and other tokens, helping push their prices back up, according to multiple analyses of data from Bitfinex.
A Founding Partner Left Brevan Howard's London Office For Jersey
2018-02-01T12:51:05-05:00https://www.thetrustedinsight.com/investment-news/a-founding-partner-left-brevan-howards-london-office-for-jersey-20180201394/
Someone senior at Brevan Howard has moved to Jersey, where income tax is just 20%. :
Luc Pajot, a former Credit Suisse trader who joined the macro hedge fund in 2003 shortly after it was founded by fellow ex-Credit Suisse trader Alan Howard, has left the fund in London according to a filing with Companies House and transferred to Jersey. The Financial Conduct Authority Register confirms that Pajot left Brevan Howard’s London operation on January 30th. The rate of income tax in Jersey is a mere 20%. Brevan Howard has had an office on the island for over a decade.
Pacifico Energy Raises 15.5 Billion Yen For Its First Solar Fund
2018-02-01T06:01:07-05:00https://www.thetrustedinsight.com/investment-news/pacifico-energy-raises-155-billion-yen-for-its-first-solar-fund-20180201349/
TOKYO--(BUSINESS WIRE)--Pacifico Energy K.K. (“Pacifico”) announced today that Pacifico has successfully completed the launch of its first solar investment fund (the “Fund”). The Fund will be comprised of 5 Japanese solar power plants totaling over 100 MWdc. The Fund has successfully completed the acquisitions of the 3 solar plants in Chiba and Miyagi prefecture and is in process of acquiring 2 other solar plants (one plant in eastern Japan and the other in western Japan). Mitsubishi UFJ Morgan.
Manulife Real Estate Pays Aud300m For Myer's Hq In Australia | News | Ipe Ra
2018-01-31T16:01:03-05:00https://www.thetrustedinsight.com/investment-news/manulife-real-estate-pays-aud300m-for-myers-hq-in-australia-news-ipe-ra-20180131284/
Asset was acquired from a Lendlease wholesale fund and Savills IM. :
Canada’s Manulife Real Estate has bought an office tower in Melbourne from a Lendlease wholesale fund and Savills Investment Management for around AUD300m (€195m). The asset is located at 800 Collins Street in Melbourne’s Docklands, an extension to Melbourne central business district. But sources close to the owners told IPE Real Assets that the buyer is Manulife Real Estate, which is making its entry into the Australian office market. When the building was put to market in October, marketing agents indicated that it would fetch at least AUD270m.
Hedge Fund Seeks Spinoff At Company Behind Popular Gym Equipment
2018-01-31T15:51:05-05:00https://www.thetrustedinsight.com/investment-news/hedge-fund-seeks-spinoff-at-company-behind-popular-gym-equipment-20180131283/
Jeff Altman’s Owl Creek Asset Management is pushing Brunswick Corp. to spin out its fitness business after building an activist stake in the company, which also makes boats and billiards tables. "Brunswick stakeholders would benefit significantly from a spinoff of the fitness equipment business," the event-driven hedge fund said in a letter addressed to the company’s board. "The marine segment on a stand-alone basis is worth more than the current valuation for all of Brunswick, implying the market assigns negative value to the fitness segment."
Steve Cohen Returns With ‘best Ideas’ Trading Book
2018-01-30T16:21:04-05:00https://www.thetrustedinsight.com/investment-news/steve-cohen-returns-with-best-ideas-trading-book-20180130183/
Steve Cohen will return to managing money for outside investors as soon as this week with a strategy that’s similar to one he used at his first hedge fund before it collapsed. At SAC Capital Advisors, which imploded from an insider-trading scandal, Cohen paid employees for their best ideas and leveraged them up in his own portfolio. The government, which banned the trader from the hedge fund industry for two years, said the practice of awarding bonuses for profitable ideas motivated employees to traffic in insider information.
SURS Announces New Deputy Chief Investment Officer
2018-01-30T15:56:13-05:00https://www.thetrustedinsight.com/investment-news/surs-announces-new-deputy-chief-investment-officer-20180130180/
<p>The State Universities Retirement System (SURS) is pleased to announce the appointment of Ellen Hung, CFA, as deputy chief investment officer (deputy CIO), effective Jan. 30.</p>
<p>Hung has over 25 years of solid experience in financial services, investment strategy development, public pension administration, benefits calculation and counseling. Most recently she served as the assistant chief executive officer for the Santa Barbara County Employees' Retirement System in Santa Barbara, Calif., where she oversaw investments for the $2.8 billion fund and led a team providing investment strategy, economic analysis and responsible investing expertise. Prior to that, she was deputy director of finance for the City of San Jose, Calif., and a portfolio manager with GE Ratte Asset Management LLC.</p>
Dealbook Briefing: Ken Chenault Wants Silicon Valley To Grow Up - The New York Times
2018-01-30T11:31:04-05:00https://www.thetrustedinsight.com/investment-news/dealbook-briefing-ken-chenault-wants-silicon-valley-to-grow-up-the-new-york-times-ammRJKzBPGkNJoAxCuvyAW-20180130136/
The former American Express C.E.O. plans to offer start-ups his management expertise from the V.C. firm General Catalyst Partners. :
Despite being inundated by post-American Express job offers, Ken Chenault has chosen an interesting path: becoming chairman and managing partner of General Catalyst Partners, which has invested in Airbnb, Warby Parker and Stripe, among others. More interesting is why he’s taking the job, Andrew writes in his latest DealBook column. He’s hoping to be the adult in the room for the next generation of start-ups, after the troubles at Uber, SoFi and more.
Dealbook Briefing: Ken Chenault Wants Silicon Valley To Grow Up - The New York Times
2018-01-30T10:36:07-05:00https://www.thetrustedinsight.com/investment-news/dealbook-briefing-ken-chenault-wants-silicon-valley-to-grow-up-the-new-york-times-20180130130/
Despite being inundated by post-American Express job offers, Ken Chenault has chosen an interesting path: becoming chairman and managing partner of General Catalyst Partners, which has invested in Airbnb, Warby Parker and Stripe, among others. More interesting is why he’s taking the job, Andrew writes in his latest DealBook column. He’s hoping to be the adult in the room for the next generation of start-ups, after the troubles at Uber, SoFi and more.
Tera Ventures Aims To Raise Second Seed Fund, With The Majority Of €55m Target Committed
2018-01-30T06:21:07-05:00https://www.thetrustedinsight.com/investment-news/tera-ventures-aims-to-raise-second-seed-fund-with-the-majority-of-55m-target-committed-NThB8TSnGQWH444cDDN6eL-20180130101/
PRESS RELEASE: Tera Ventures announces a new fund to be closed in 2018, Tera Ventures Fund II with a target size of €55 million (1st closing targeted for early this year). The majority of the capital has been committed by some of the most prolific...
Tera Ventures Aims To Raise Second Seed Fund, With The Majority Of €55m Target Committed
2018-01-30T06:11:05-05:00https://www.thetrustedinsight.com/investment-news/tera-ventures-aims-to-raise-second-seed-fund-with-the-majority-of-55m-target-committed-20180130090/
TALLINN, Estonia--(BUSINESS WIRE)--#Estonia--Tera Ventures announces a new fund to be closed in 2018, Tera Ventures Fund II with a target size of €55 million (1st closing targeted for early this year). The majority of the capital has been committed by some of the most prolific Estonian, pan-European, and global investors. The fund will invest in about 30 seed stage technology startups in Estonia, Scandinavia, and Central and Eastern Europe (CEE). The Tera team members have invested in early stage tech si.
Lyxor: Hedge Fund Index Up +0.4% On Cta Surge
2018-01-30T06:01:08-05:00https://www.thetrustedinsight.com/investment-news/lyxor-hedge-fund-index-up-04-on-cta-surge-kJvfT5MEoo2J8GiL8EupV9-20180130082/
Hedge funds gained again last week as CTAs outperformed and equity weightings were increased, according to the latest edition of Lyxor Asset Management’s Weekly Brief. read more.
Lyxor: Hedge Fund Index Up +0.4% On Cta Surge
2018-01-30T06:01:07-05:00https://www.thetrustedinsight.com/investment-news/lyxor-hedge-fund-index-up-04-on-cta-surge-6nM7fj9oZHtnHL47KpgfkT-20180130080/
Hedge funds gained again last week as CTAs outperformed and equity weightings were increased, according to the latest edition of Lyxor Asset Management’s Weekly Brief. The Lyxor Hedge Fund Index gained +0.4% for the week ended January 23, the company said, bringing its early 2018 gains to +1.6%. Leading the pack again last week were CTAs, which are off to an outstanding start so far this year. Lyxor’s CTA Broad Index climbed +1.3%, pushing YTD gains to a whopping +4.3% on continued support from trend-following conditions in the equity and commodity spaces.
Tyto Care Raises $25m Led By Ping An Global Voyager Fund
2018-01-29T22:11:04-05:00https://www.thetrustedinsight.com/investment-news/tyto-care-raises-25m-led-by-ping-an-global-voyager-fund-20180129069/
Tyto Care Raises $25M Led by Ping An Global Voyager FundThe Strategic Investment Will Help the Telehealth Company Further Expand in the US and Internationally
NEW YORK, January 29, 2018-- Tyto Care, a telehealth company with breakthrough technology for conducting comprehensive examinations and telehealth visits, anytime, anywhere, today announced that it has raised $25 million in its most recent round led by Ping An Global Voyager Fund and including both new and existing investors. Ping An joins a large list of strategic investors already backing the company, including Cambia Health Solutions, Walgreens, Orbimed, Fosun Pharma and LionBird.
Santander Asset Management Promotes Caddick To CIO
2018-01-29T21:41:39-05:00https://www.thetrustedinsight.com/investment-news/santander-asset-management-promotes-caddick-to-cio-20180129068/
<p>Caddick replaces David Stewart, who was Santander AM UK CIO between 2012 and 2015.</p>
<p>Stewart subsequently went on to become director of strategic institutional solutions before leaving the firm in July 2017.</p>
Moves-ex-rbc Wealth Mgmt Chief Taft Joins Baird As Vice Chairman | Reuters
2018-01-29T15:31:04-05:00https://www.thetrustedinsight.com/investment-news/moves-ex-rbc-wealth-mgmt-chief-taft-joins-baird-as-vice-chairman-reuters-20180129031/
Jan 29 (Reuters) - Baird, the independent and privately held
wealth management firm, has hired former RBC Wealth Management
head John Taft as a vice chairman and member of its executive
committee, Baird said on Monday.
Pennybacker Capital Taps Stahl As Distressed Credit And Special Situations Md
2018-01-29T15:01:05-05:00https://www.thetrustedinsight.com/investment-news/pennybacker-capital-taps-stahl-as-distressed-credit-and-special-situations-md-20180129023/
Austin-based Pennybacker Capital LLC, a real estate private equity firm, has named Dave Stahl as managing director of distressed credit and special situations. Previously, Stahl worked at Lone Star Funds/Hudson […]
Baird Appoints John Taft Vice Chairman
2018-01-29T10:01:07-05:00https://www.thetrustedinsight.com/investment-news/baird-appoints-john-taft-vice-chairman-20180129982/
MILWAUKEE, Jan. 29, 2018 /PRNewswire/ -- Baird, an international, employee-owned wealth management, capital markets, private equity and asset management firm, announced today that it has named John Taft Vice Chairman and a member of its Executive Committee. Taft, who has more than 35...
Brookfield Asset Management, Brookfield Business Partners Adding Nuclear Operations To Assets - Brookfield Asset Management Inc. (nyse:bam) | Seeking Alpha
2018-01-28T22:01:06-05:00https://www.thetrustedinsight.com/investment-news/brookfield-asset-management-brookfield-business-partners-adding-nuclear-operations-to-assets-brookfield-asset-management-inc-nysebam-seeking-alpha-20180128947/
Brookfield Asset Management, Brookfield Business Partners Adding Nuclear ...
Seeking Alpha - 8 hours ago
Brookfield Asset Management is a global asset management company headquartered in Toronto, Canada, owning and operating $265B of assets such as real estate, infrastructure, utilities, renewal power and a private equity business.
Highland Capital Management Expands Business Development Team Ahead Of Growth In Distressed Credit Opportunities
2018-01-26T22:31:03-05:00https://www.thetrustedinsight.com/investment-news/highland-capital-management-expands-business-development-team-ahead-of-growth-in-distressed-credit-opportunities-20180126899/
Highland Capital Management Expands Business Development Team Ahead of Growth in Distressed Credit OpportunitiesLaurie Whetstone and Kieran Brennan Join Highland in Institutional Business Development Roles
DALLAS, January 26, 2018-- Highland Capital Management, L.P., a global alternative investment manager, announced today the hire of two institutional business development professionals. With the additions of Laurie Whetstone, managing director, and Kieran Brennan, director, the firm expands its business development team in anticipation of increased opportunities in distressed credit, one of Highland's core competencies. The firm currently operates stressed and distressed credit strategies within various portfolios across the platform.
Highland Capital Management Expands Business Development Team
2018-01-26T15:31:03-05:00https://www.thetrustedinsight.com/investment-news/highland-capital-management-expands-business-development-team-20180126875/
Alternative investment manager Highland Capital Management has added two institutional business development professionals to its team – Laurie Whetstone as managing director, and Kieran Brennan as director.
Highland Capital Hires Two In Business Development
2018-01-26T10:31:04-05:00https://www.thetrustedinsight.com/investment-news/highland-capital-hires-two-in-business-development-20180126842/
Highland Capital Management hired Laurie Whetstone as a managing director and Kieran Brennan as a director. Both work on business development, expanding its team in anticipation of increased opportunities in […]
Private Debt Funds Are The New Top Escape Route From Banking
2018-01-25T17:01:04-05:00https://www.thetrustedinsight.com/investment-news/private-debt-funds-are-the-new-top-escape-route-from-banking-20180125791/
Considering a jump to the buy side? Forget hedge funds and private equity. Try private debt. :
If you’re looking to get out of a banking job, you have a few options. There’s private equity, there’s corporate development, and then there’s another less-talked-about yet popular landing spot for bankers looking to shake things up – private debt, whose assets under management surpassed $600bn around this time last year. Ex-Citigroup managing director Jay Huang has just joined CIFC, a $16bn private debt manager, as an MD, senior portfolio manager and the head of structured products investments in New York.
Active Equity Fund Flows Spike In 2017 After Negative 2016 - International Adviserinternational Adviser
2018-01-25T11:01:04-05:00https://www.thetrustedinsight.com/investment-news/active-equity-fund-flows-spike-in-2017-after-negative-2016-international-adviserinternational-adviser-20180125743/
European active equity funds saw a turnaround in net flows during 2017, enjoying a rise of €135.8bn in net new money to €62.7bn, after suffering an outflow of €73.1bn in 2016, according to Morningstar data. The post Active equity fund flows spike in 2017 after negative 2016 appeared first on International Adviser.
Guggenheim Investments Appoints Chief Administrative Officer
2018-01-25T08:01:06-05:00https://www.thetrustedinsight.com/investment-news/guggenheim-investments-appoints-chief-administrative-officer-20180125726/
Guggenheim Investments, the global asset management and investment advisory division of Guggenheim Partners, has appointed Brian E Binder has been appointed as a Senior Managing Director and Chief Administrative Officer. He is based in Guggenheim’s Chicago office.
White Oak Equity Partners Acquires Minority Interest In Blueshift Asset Management
2018-01-24T09:31:06-05:00https://www.thetrustedinsight.com/investment-news/white-oak-equity-partners-acquires-minority-interest-in-blueshift-asset-management-fYxenY2zUQhvZr675XK4j6-20180124619/
White Oak Equity Partners (White Oak), a private equity firm that purchases minority GP interests in alternative asset managers, has acquired a minority interest in Blueshift Asset Management, a quantitative investment firm focused on statistical arbitrage and high-frequency trading strategies.
Private Equity Cfos Rank Operational Efficiency As Top Priority, But Take Varied Approaches To
2018-01-24T06:11:04-05:00https://www.thetrustedinsight.com/investment-news/private-equity-cfos-rank-operational-efficiency-as-top-priority-but-take-varied-approaches-to-20180124593/
NEW YORK, Jan. 24, 2018 /PRNewswire/ -- Private equity chief financial officers (CFOs), facing pressures including increased investor scrutiny and intensifying market competition, are seeking operational success via different pathways, according to the EY 2018 Global Private Equity CFO...
White Oak Equity Partners Acquires Minority Interest In Blueshift Asset Management
2018-01-23T22:31:04-05:00https://www.thetrustedinsight.com/investment-news/white-oak-equity-partners-acquires-minority-interest-in-blueshift-asset-management-20180123571/
White Oak Equity Partners Acquires Minority Interest in Blueshift Asset Management
NEW YORK, January 23, 2018-- White Oak Equity Partners (“White Oak”), a private equity firm that purchases minority GP interests in alternative asset managers, today announced that it has acquired a minority interest in Blueshift Asset Management (“Blueshift” or the “Firm”), a quantitative investment firm focused on statistical arbitrage and high-frequency trading strategies. White Oak led a group of strategic investors who provided the equity capital to launch Blueshift’s business and trading activities. Terms of the transaction were not disclosed.
Uk-listed Icg Acquires Psb Academy, Companies & Markets News & Top Stories - The Straits Times
2018-01-23T20:31:04-05:00https://www.thetrustedinsight.com/investment-news/uk-listed-icg-acquires-psb-academy-companies-markets-news-top-stories-the-straits-times-20180123554/
January 24, 2018 5:00 AMSeven years after it scooped up PSB Academy, Singapore's private education institution, Baring Private Equity Asia has sold the academy to asset management firm Intermediate Capital Group (ICG) for an undisclosed sum.
David Fiszel's Honeycomb Hedge Fund On Spotify, Pandora, Streaming Music
2018-01-23T13:01:05-05:00https://www.thetrustedinsight.com/investment-news/david-fiszels-honeycomb-hedge-fund-on-spotify-pandora-streaming-music-20180123508/
Honeycomb Asset Management, a New York hedge fund started by David Fiszel, is bullish on streaming music. People are paying about twice as much per year for streaming music now as they used to for CDs, says Honeycomb. "In 2015, music industry sales grew sustainably for the first time in almost two decades, and entering 2018, we are still in the early stages of this evolution," Honeycomb said in its fourth-quarter investor letter. Honeycomb gained 21% last year. Streaming music has changed the music industry for the better, according to New York tech-focused hedge fund Honeycomb Asset Management.
Asset Management Roundup: Research Reveals Scale Of Index Industry | News
2018-01-23T11:51:05-05:00https://www.thetrustedinsight.com/investment-news/asset-management-roundup-research-reveals-scale-of-index-industry-news-20180123495/
Plus: Record years for exchange-traded funds and hedge funds as new money floods in. :
Despite the amount of academic research, the theoretical concepts underpinning portfolio management remain the same US equities are eight years into an equity bull market, which must end.
​barings Adds Berceo Mall To Spanish Portfolio | News | Ipe Ra
2018-01-23T11:06:07-05:00https://www.thetrustedinsight.com/investment-news/barings-adds-berceo-mall-to-spanish-portfolio-news-ipe-ra-20180123486/
Berceo was acquired from CBRE Global Investors. :
Barings Real Estate Advisers has acquired the Berceo Shopping Centre in La Rioja, Spain for an undisclosed sum. Adolfo Favieres, the country head of Spain at Barings Real Estate Advisers, said: “This transaction presents a rare opportunity to acquire a core shopping centre in a strong urban location with best in class retailers and limited competition in the surrounding area.
Quilvest Real Estate Makes First Acquisition In France | News | Ipe Ra
2018-01-23T11:01:04-05:00https://www.thetrustedinsight.com/investment-news/quilvest-real-estate-makes-first-acquisition-in-france-news-ipe-ra-20180123480/
Buys Le Clarté office building from Aviva Investors Real Estate France. :
The real estate investment arm of Quilvest Private Equity has acquired Le Clarté office building in the north west of Paris from Aviva Investors Real Estate France. Le Clarté is a multi-let office building comprising nine floors including two underground. The property is currently over 70% let. Patrick Laroche, the CIO Europe & Asia at Quilvest Real Estate, said: “We are pleased to announce our first direct acquisition in French real estate.
Aig To Buy Reinsurer Validus For $5.56b
2018-01-23T06:01:14-05:00https://www.thetrustedinsight.com/investment-news/aig-to-buy-reinsurer-validus-for-556b-GAWJgMvr7K8CZFtGvYjwj5-20180123430/
(Reuters) - American International Group Inc on Monday said it would buy reinsurer Validus Holdings Ltd for $5.56 billion (3.98 billion pounds) in cash, ending a long period of retrenchment for AIG as new Chief Executive Brian Duperreault plots an expansionist path.
Lyxor: Hedge Fund Index Down -0.5% As Global Macro Underperformed | Finalternatives
2018-01-22T21:31:04-05:00https://www.thetrustedinsight.com/investment-news/lyxor-hedge-fund-index-down-05-as-global-macro-underperformed-finalternatives-20180122420/
Hedge funds posted mild losses last week as global macro funds suffered from the turn in the dollar, according to Lyxor Asset Management’s most recent Weekly Brief. read more.
Psb Academy Acquired By Specialist Asset Management Firm Icg
2018-01-22T19:31:07-05:00https://www.thetrustedinsight.com/investment-news/psb-academy-acquired-by-specialist-asset-management-firm-icg-20180122412/
SINGAPORE: Private education institution PSB Academy has been acquired by specialist asset management firm Intermediate Capital Group (ICG), with its shareholding transferred from Baring Private Equity Asia (BPEA), PSB announced on Tuesday (Jan 23). According to PSB, the investment will "bolster ...
Trading Up: Instinet Adds Doherty; Salih To Hsbc
2018-01-22T17:01:06-05:00https://www.thetrustedinsight.com/investment-news/trading-up-instinet-adds-doherty-salih-to-hsbc-20180122400/
Instinet appointed Jeff Doherty as Head of US Equity Content. In this role Mr. Doherty will oversee both the research and sales distribution functions, creating a targeted effort to deliver differentiated research and services. Mr. Doherty joined the Nomura Group in 2016 as a managing director and Head of US Equity Research Sales. He spent more than 15 years at Barclays and its predecessor firm Lehman Brothers working for the Institutional Equity Sales group, where he most recently served as Head of Middle Markets Sales.
Canadian Private Equity Goes Big In 2017 As Top Deals Draw $22b
2018-01-22T12:06:06-05:00https://www.thetrustedinsight.com/investment-news/canadian-private-equity-goes-big-in-2017-as-top-deals-draw-22b-20180122364/
For Canada’s private equity market, 2017 was the most active year in a decade. While the vast majority of deals were mid-market in nature, the headlines focused on a handful of large-caps. They included last y […]
2017's Worst-returning Precious Metal Becomes Hedge Fund Darling - The Financial Express
2018-01-22T11:21:05-05:00https://www.thetrustedinsight.com/investment-news/2017s-worst-returning-precious-metal-becomes-hedge-fund-darling-the-financial-express-20180122351/
After lagging behind other precious metals last year, platinum is finally outperforming, and hedge funds are taking notice. Money managers increased their bets on a rally for platinum, a commodity used in pollution-control devices for cars.